Shantui Construction Machinery Co., Ltd. is a Chinese construction equipment maker, and a subsidiary of

Shandong Heavy Industry Shandong Heavy Industry Group Co., Ltd. is a Chinese state-owned Multinational corporation, multinational heavy machinery and automotive manufacturing company headquartered in Jinan, Shandong. Shandong Heavy Industry has four listed companies: Wei ...

. The core product line is bulldozers but in past years the company has expanded beyond reliance on a single product through an acquisition strategy.

Bulldozers

The company is known as the bulldozer king in China, holding 40% of the domestic market in 2006. The company went on in 2010 to become the largest producer of bulldozers, making over 10,000 units that year or 2 in 5 crawler-type dozers made in the world. The next largest producer by number of units is

Caterpillar Inc. Caterpillar Inc. (stock symbol CAT) is an American ''Fortune'' 500 corporation and the world's largest construction-equipment manufacturer. In 2018, Caterpillar was ranked number 65 on the ''Fortune'' 500 list and number 238 on the Global ''Fo ...

Shantui has increasingly developed bigger dozers, capable of competing against the large products made by

and Komatsu. The upgrades to the Shantui dozer line was identified by the ''New York Times'' as one of the primary concerns for Caterpillar's business in Russia.

References

Construction equipment manufacturers of China Companies based in Shandong Companies established in 1980 Chinese brands 1980 establishments in China {{china-company-stub